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11-30-2016, 10:44 AM
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#1
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Registered User
Join Date: Oct 2007
Location: NJ
Posts: 5,851
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Iran Oil Minister speaks and the World bows!
Iran doesn't want to be a small player in the oil production industry they want a say and this morning in Vienna they got what everyone warned about, a chance to bring oil dependent nations to their knees. OPEC, once thought of as a huge controller of many nations economies including ours decided to cut production to bring the price of oil to a level where they can profit and profit big. OPEC is now back on the scene and it is indeed a four letter word this morning in many a household. How will the Russians react? Putin in a statement said he will not cut production but the damage is done and based on this we will see an increase of 4 cents to 11 cents per gallon beginning immediately. Great to see Obama put the Iranians back on the map!
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11-30-2016, 11:01 AM
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#2
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Registered User
Join Date: Aug 2009
Posts: 6,368
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Nuclear bomb construction takes allot cash. ...... as well as terrorist support. Guess they burned thru all those billions Obama sent them this year huh.
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11-30-2016, 11:50 AM
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#3
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Registered User
Join Date: Oct 2007
Location: NJ
Posts: 5,851
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Quote:
Originally Posted by OntheRail
Nuclear bomb construction takes allot cash. ...... as well as terrorist support. Guess they burned thru all those billions Obama sent them this year huh.
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Meanwhile Iran continues to send over terrorists to sabotage the Iraqi production facilities. Saudi Arabia continues to be a non player in all of this, boy have times changed!
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Remember the NJ horseman got you here now do the right thing with the purses!
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11-30-2016, 12:33 PM
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#4
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,844
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Nuke the oil fields in Iran.
See how well they do selling camel poop as their main export.
The more oil that gets destroyed in the ME, the better off WE are.
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11-30-2016, 12:39 PM
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#5
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by Tom
Nuke the oil fields in Iran.
See how well they do selling camel poop as their main export.
The more oil that gets destroyed in the ME, the better off WE are.
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And you aren't in the running for Sec of State? Doesn't make sense.
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11-30-2016, 12:45 PM
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#6
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Veteran
Join Date: Mar 2009
Posts: 9,893
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Quote:
Originally Posted by onefast99
Iran doesn't want to be a small player in the oil production industry they want a say and this morning in Vienna they got what everyone warned about, a chance to bring oil dependent nations to their knees. OPEC, once thought of as a huge controller of many nations economies including ours decided to cut production to bring the price of oil to a level where they can profit and profit big. OPEC is now back on the scene and it is indeed a four letter word this morning in many a household. How will the Russians react? Putin in a statement said he will not cut production but the damage is done and based on this we will see an increase of 4 cents to 11 cents per gallon beginning immediately. Great to see Obama put the Iranians back on the map!
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Most of the OPEC-related cut will come from Saudi Arabia, not Iran. It's comical that conservatives (not sure of your position on them, of course) continue to embrace the Saudis, while constantly bashing the Iranians. The Saudis leader -- via their support of Wahhabism -- are the greatest fomenters of terrorism in the world. Iran isn't even in the same zip code. And no I'm not praising Iran, just highlighting the real threat in the Middle East.
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11-30-2016, 12:47 PM
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#7
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,844
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Quote:
Originally Posted by Saratoga_Mike
And you aren't in the running for Sec of State? Doesn't make sense.
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Go figure!
But, imagine my confirmation hearing if I was! heh, heh, heh.
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11-30-2016, 01:22 PM
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#8
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Registered User
Join Date: Sep 2007
Location: Tennessee
Posts: 10,588
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Quote:
Originally Posted by Tom
Go figure!
But, imagine my confirmation hearing if I was! heh, heh, heh.
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It would be epic.
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11-30-2016, 01:35 PM
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#9
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,844
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Quote:
Originally Posted by dartman51
It would be epic.
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Word to the wise - PASS any offer for a Coke!
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11-30-2016, 06:58 PM
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#10
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Just another Facist
Join Date: Mar 2002
Location: Now in Houston
Posts: 52,784
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Quote:
Originally Posted by Saratoga_Mike
Most of the OPEC-related cut will come from Saudi Arabia, not Iran. It's comical that conservatives (not sure of your position on them, of course) continue to embrace the Saudis, while constantly bashing the Iranians. The Saudis leader -- via their support of Wahhabism -- are the greatest fomenters of terrorism in the world. Iran isn't even in the same zip code. And no I'm not praising Iran, just highlighting the real threat in the Middle East.
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Believe it or not, the wife and I were discussing the Saudi's, and Wahhabism just this morning. Spurred by a radio report on oil prices.
I don't think they are a threat. Unless you live or travel there. The last few years have also killed their economy. They are shrinking.......
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11-30-2016, 09:34 PM
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#11
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Registered User
Join Date: Mar 2013
Posts: 5,414
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I think Trump knows all about the Saudi's situation
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11-30-2016, 10:18 PM
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#12
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,844
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Quote:
It's comical that conservatives (not sure of your position on them, of course) continue to embrace the Saudis, while constantly bashing the Iranians.
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Does anyone really believe there is an difference???
The Sorries are no better than iran, maybe worse.
The best thing that could ever come out of SA is an EMPTY B52.
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Last edited by Tom; 11-30-2016 at 10:20 PM.
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11-30-2016, 10:47 PM
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#13
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Registered User
Join Date: May 2004
Location: New Hampshire
Posts: 14,476
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Quote:
Originally Posted by Tom
Nuke the oil fields in Iran.
See how well they do selling camel poop as their main export.
The more oil that gets destroyed in the ME, the better off WE are.
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Tommy there is no need whatsoever to pull the word "Nuke", don't expect our next President to position all of us as bad as the current one. The forty fifth President of these United States will I think unleash the power of our energy potential we have. We just have to give the guy a chance to try to correct all of the bogus mistakes of the last twenty five plus years. Both sides have had blunders to get us here at this point. The country has demanded a reset that more than anything wants solutions other than war. Folks like you and I need to stock the fridge with cold beer and high end steak that we can enjoy with the new success the next administration will have. Remember he is in it to win, and has promised we might get tired of winning all the time.
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11-30-2016, 10:55 PM
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#14
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,844
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All Trump needs to know about Saudi Arabia.....
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12-01-2016, 08:47 AM
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#15
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Registered User
Join Date: Mar 2013
Posts: 5,414
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Opec does not like the fact we found another huge oil reserve in TX. We are building our first new gas refinery in what thirty plus years? Our costs to drill have plummeted in the past two years, the keystone XL will now be built as well as the DAPL finished early next year. This all spells angst in opec
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